Kylix Finance is on the verge of becoming fully operational, facilitating secure cross-chain lending and borrowing within Polkadot. Phase 3 has been validated by the Web3 Foundation, strengthening the protocol's reliability and improving interoperability via the XCM protocol. Phase 4, the final stage of development, is almost complete and focuses on the necessary technical adjustments to optimize the user experience, security, and scalability of the platform.